Motorola Solutions, Inc. (NYSE: MSI) has raised its earnings projections for FY2027, with analysts from Zacks Research adjusting their estimates upward. According to the latest note released on December 16th, Zacks now expects Motorola Solutions to report earnings per share (EPS) of $16.27 for the fiscal year, a slight increase from their previous forecast of $16.25. This comes in contrast to the current consensus estimate of $13.55 per share for the company's full-year earnings.
Other analysts have also weighed in on the stock. Evercore ISI raised its target price for Motorola Solutions from $500.00 to $525.00 and maintained an "outperform" rating on the stock. Meanwhile, Piper Sandler reiterated a "neutral" rating but lowered its price target from $495.00 to $465.00. Northcoast Research upgraded Motorola Solutions to a "buy" rating with a price target of $450.00, while Barclays lowered its target from $509.00 to $495.00 but kept an "overweight" rating. Additionally, Weiss Ratings maintained a "hold (C+)" rating for the stock. As a result, Motorola Solutions currently holds a "Moderate Buy" consensus rating from analysts, with a target price of $495.00.
On Thursday, shares of Motorola Solutions opened at $374.23, with a 12-month low of $359.36 and a high of $492.22. The company’s 50-day simple moving average stands at $399.14, while its 200-day moving average is $427.38. Motorola Solutions has a quick ratio of 0.86, a current ratio of 1.03, and a debt-to-equity ratio of 3.59. The company boasts a market capitalization of $62.33 billion, with a price-to-earnings (P/E) ratio of 30.03 and a P/E-to-growth (PEG) ratio of 2.90.
In its latest earnings announcement, Motorola Solutions reported $4.06 EPS for the quarter, surpassing the consensus estimate of $3.85 by $0.21. The company's revenue for the quarter amounted to $3.01 billion, exceeding analysts' expectations of $2.99 billion and marking a 7.8% year-over-year increase. Motorola Solutions achieved a return on equity of 118.48% and a net margin of 18.71%.
Several institutional investors have made significant adjustments to their holdings in Motorola Solutions. Vanguard Group Inc. increased its stake by 1.3%, now owning 22,171,959 shares valued at over $10 billion. Capital World Investors grew its position by 5.5%, while State Street Corp and Geode Capital Management LLC also increased their holdings by 1.3% and 1.2%, respectively. Raymond James Financial Inc. raised its stake by 0.9%. As of the most recent data, 84.17% of Motorola Solutions’ stock is owned by institutional investors.
Motorola Solutions also announced a quarterly dividend increase. The dividend, which will be paid on January 15th, is set at $1.21 per share, up from the previous quarterly payout of $0.01. This increase results in an annualized dividend of $4.84 and a yield of 1.3%. The company's current payout ratio is 38.84%.
Motorola Solutions provides advanced public safety and enterprise security solutions, serving customers globally, including in the United States, the United Kingdom, and Canada. The company operates through two segments: Products and Systems Integration, and Software and Services. These segments offer a wide range of products such as infrastructure, devices, video security solutions, and the integration of systems and applications for public safety, government, and commercial customers.